$SOFI is sitting at a strong resistance confluence from the 20-month SMA and 0.786 log Fibonacci level, both located around $19. Essential to reclaim that area in order to confirm a higher low and wrap up the bottoming process.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.